kabutan

Ubiquitous AI Corporation Falls Sharply on Downward Revision to Operating Loss for Fiscal Year Ending March 2026

Mon Mar 30, 2026 9:24 am JST Catalyst

Ubiquitous AI Corporation <3858> has declined sharply. The company announced after the close of trading on the 27th that it had revised downward its consolidated earnings forecast for the fiscal year ending March 2026, lowering sales from \4.349 billion to \3.9 billion (down 5.8% year-on-year), operating profit from a \6 million profit to an operating loss of \349 million (compared to a \9.6 million profit in the previous year), and net profit from a loss of \23 million to a loss of \648 million (compared to a \9.1 million profit in the previous year).

The revision was attributed to the absence of multiple projects totaling several hundred million yen that occurred in the previous fiscal year, due to factors such as customers' investment restraint amid a deteriorating market environment. Additionally, large royalties related to consumer smart device products that were expected to be recorded this fiscal year are now anticipated to be booked in the next fiscal year. The company also cited increased personnel costs associated with strengthened recruitment efforts, temporary expenses related to structural reforms as part of management reforms, and the recording of impairment losses on goodwill at a consolidated subsidiary as extraordinary losses.

Source: MINKABU PRESS

Related Articles